After American entrepreneur Musk announced the establishment of the "America Party" on July 5 local time, a foreign netizen asked him on the social platform X: What made you shift from loving former US President Trump to "criticizing him and his efforts"?
Musk responded: "He will increase the already crazy $2 trillion fiscal deficit during former President Biden's term to $2.5 trillion, which will make the country go bankrupt."
It is reported that Musk's public split with Trump originated from the "Big and Beautiful" tax and spending bill. Musk condemned the bill as "extremely crazy and highly destructive," saying it would "destroy millions of jobs in the United States and cause great damage to our country."
He also threatened that if the bill passes, he will immediately establish a new political party and make those Republican congressmen who support the bill lose their primary elections next year, "even if this is the last thing I do in my life."
On the local time of the 3rd, the bill passed in the House of Representatives by a narrow margin, and then Trump signed it into law on the United States' National Day. On the 5th, Musk announced the establishment of the new party "America Party", "Today, the America Party is established, to return freedom to you."
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